Wike boasts, says he has saved N110 billion in 2 months as FCT minister

The minister of the Federal Capital Territory (FCT), Nyesom Wike has boasted saying he has saved N110 billion for the Federal Capital Territory Administration (FCTA) since he assumed office in two months.

Wike revealed this while holding a meeting with estate developers in Abuja on Tuesday, November 21, 2023.

The minister expressed displeasure over the rate at which fake Certificate of Occupancy (C of O) is being given through the land process.

He added that bad eggs in the administration also said to get a C of O, N5 million would be paid.

The minister also disclosed that he would seek the permission of President Bola Tinubu to add a National Identification Number (NIN) to any C of O that would be given by his administration.

Similarly, the Minister has pledged his commitment to providing the required funds for the completion of the abandoned official residence of the Vice President of the Federal Republic of Nigeria.

Wike who inspected the long-abandoned project on Tuesday within the Three Arms Zone asked the contractor, to ensure its completion by May next year.

He said President Bola Tinubu had instructed him to complete all abandoned projects in the territory in line with his Renewed Hope Agenda.

Awarded in 2010 at the cost of N7 billion, the project was virtually abandoned throughout the eight-year administration of the immediate past FCT Minister, Mohammed Musa Bello.

However, Wike said although the contractor had said the contract sum has to be increased from N7 billion to N15 billion because of rising cost of materials, his Administration is determined to finish the project in record time.

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He said; “I have come to see the project and we have told them (the contractor) that we will fund them very well before the end of the month so that they will be able to finish it”.

A representative of the company, Mr. Oliver Berger, commended the minister’s belief in the project and assured of timely completion of the project.

The minister who also inspected some ongoing road projects within the city, expressed satisfaction with the level of work done so far.